Pass a entry for salary payment basic 5000, HRA 3000,
Medical 200, TDS 500 Adv 200 & deducted PF with narration.
Answers were Sorted based on User's Feedback
Answer / hemal shah
AfteWhen Employeee Receive P.F Explain detail with interest
and Income Tax , Excise A/c Entry by Transaction
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / bikram kumar mandal
Basic salary ------------------- Dr.3100/-
HRA Allowances ------------------- Dr.1050/-
CONVEYANCE ------------------- Dr.1050/-
MOBILE ---------------- DR. 500/-
Advance salary ----------------------
Cr.200/-
PF 3100*.12 ----------------------
Cr.372/-
TDS --------------------
-- Cr.310/-
ESI 5700*1.75% ----------------------
CR.100/-
P. TAX ---------------------
- CR. 45/-
Cash/Bank A/c --------------------
Cr.4673/-
(Being Salary Paid to Mr.BIKRAM KUMAR MANDAL for the
M/O.AUGUST Through Ch.
No.783994 DT. 10.09.10)
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / syed irfan ali
TO SALARY A/C 5000/-
(BEIGN SALARY PAID BY CASH)
TO HRA A/C 3000/-
(BEING HRA PAID BY CASH)
TO MEDICAL A/C 200/-
BY TDS A/C 500/-
(BING TDS DEDUCTED FROM SALARY)
BY SALARY ADV A/C. 200/-
(BEING ADV. SALARY DEDUCTED)
BY P.F. A/C 600/-
(BEING 12 % PF DEDUCTED FROM SALARY ON
BASIC SALRY)
BY CASH A/C 6900/-
(BEING NET SALARY PAID BY CASH) -------- -------
8200/- 8200/-
-------- -------
| Is This Answer Correct ? | 1 Yes | 3 No |
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